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Is that a book recommendation: Evidence Based Technical Analysis?

Do you trade off the 60 min or just use it for analysis and a lower time frame to execute on? I typically trade off the 1min chart and mark higher time frame support and resistance on it. But I use 1min price action to enter and develop a trade.

Thanks for sharing the chart and info. I like what you are saying here. I will dig deeper into your analysis.

Thanks, I actually do all of that. I journal and write down detailed analysis after each trade. And one has to be careful of over analyzing why a single trade worked or did not work because a person can always point to something as the reason but it could be pure coincidence given the numerous...

I added equities this past year mainly just to take a break from futures and try a different product. I do not trade futures and equities at the same time or same day. I have been trying to find the fit for me and after years of futures I am trying equities. The reason I stop trading a strategy...

I have been a full time intraday trader for over five years. I tried numerous strategies only to eventually have them break down or not have enough consistency. I even taught myself computer programming and began coding my own algos, but due to the inherent risk of constantly over optimizing I...

Yeah I agree with beerntrading, what I was trying to say is that it is hard to "not" get wrapped up in trying to attain the perfect entry when using r/s as swing entries...some price levels can appear extremely attractive and too good to be true...then it is hard to resist not waiting until a...

I will just have to pay closer attention to the action when we start to get close the r/s levels to try and catch an earlier than expected reversal...

Yeah I agree close counts and r/s will change rapidly. I try to monitor this and the psychology of round even numbers close in and around the r/s zones. It is hard not to get wrapped up into the perfect price point due to the allure of a perfect entry that maximizes profits or creating small...

Many times I see gold, yen and the treasuries futures run together in the same direction when money starts to poor into the safe havens. It looks like there was quite a bit of indecision today over the fed statement in those markets today

Nice advice, I have traded the Bund before and usually like the clean charts it presents most of the time. I will add it again. I was thinking about adding options to the mix and that was one of my main ideas to keep trades flowing. I have not considered commodity spreads yet, maybe that is...

Exactly!!

Thanks for the pdf I will check it out! Do you look for all types of reversal candles... inverted hammer, doji etc or mainly a big hammer candle? Just wondering if you give more emphasis to some over others.

Yeah I was looking for a 2388 area pullback to go long. It is close to yesterday's low and at an area of S/R we had in the ES before last week's selloff. It stalled as usual around 2400 but it looks like the Fed minutes may have pushed it a little higher for the close, at least that is the time...

Nice advice thank you. I will look more into volume. Do you ever have the problem of price retracing to a S/R level but stopping short before reaching your entry and then turning back around and leaving you? Basically, it comes close but not close enough to afford the stop still on the other...

I have done better a trading the swings for 1 to 3 days. When I intraday traded the trends on shorter time frames I struggled immensely. I agree with you on the ES, charts can get sloppy. Trends will run away, and most breakouts tend to become traps at important market highs. I take a little...

Right, I agree, I actually started to do that by adding more futures markets. I just began doing this so time will tell.

I swing trade futures (typically ES, GC, BP, JY, TY, CL mostly, emphasis on GC and JY while trying to get better at ES) using a simple entry strategy. I use fundamentals along with tech analysis to help determine trend and favored long or short selection. I enter at the swing low/high at the...